Good to hear about the buyout, but I doubt it was for a sum that was less than what it would have cost to waive Dorsey instead. My guess would be that the buyout is in the $1.5 to $2.0M range (as opposed to Barry's full salary of $2,062,800). Dorsey's salary is just $881,000. The same principles of luxury tax and lost shared revenues apply based on these amounts. Therefore, unless Barry left at least $1,181,800 on the table, then (subject to whatever cash that Les would have to fork over to another team to take Barry's contract in February) the Rockets would have been better off financially by waiving Dorsey. Again, I think this was to some degree a favor to Brent. Probably just as much so as it is about the Rockets truly believing in Joey Dorsey as a player.
He can do something,but not much. It doesn't go in often at all. Otherwise he would be still here,despite his poor overall play making performance and zero defense. That doesn't mean that Cook is of any use.
I would be willing to bet that this was a prearranged agreement with Barry when they signed him that they could waive him in his final season for pittance. There may even be an arranged agreement between him and Les to pay him for "coaching" or "scouting" or some other non-NBA player salary that will get him paid but got him off the roster at the minimum salary...........which will not count against the cap at all. There was no "favor" to Barry by releasing him. He was going to get paid whether they released him or not. The "favor" between Barry and the Rockets was negotiated at the inception of his contract, giving both sides flexibility on his last year.
It was a buyout. Barry took less money that was owed to him. Without a buyout the Rockets would be $4,354,694 over the tax. If Barry took say around $1M less. The Rockets can get under the tax by trading Cook to an under the cap team or for a TE at the trade deadline. http://www.chron.com/disp/story.mpl/sports/bk/bkn/6682874.html
Honestly, he was great veteran presence and I think a underrated aspect in our team getting as far as we did last year.
He was probably the best alley-oop passer on our team and he brought us experience in the playoffs even if he didn't play that much. I bet he mentored some of our young guys very well, farewell BB.
dude, Brent is so funny at NBA TV which makes Eric Snow like a flapping fish out of water. he should tag team with his brother on same games, that would be awsome!
I don't think so. The Rockets could have always signed Barry to a one-year deal using the Bi-Annual Exception (instead of the two-year deal Barry demanded last summer), with the "understanding" that he'd have a role in the organization after he retired. That didn't happen. Also, if this was all pre-arranged a year ago, then why did the Rockets try all preseason to TRADE him? If he had supposedly agreed to only take a "pittance" of a buyout, then the Rockets would have little incentive to trade him to a team that didn't have this wink-wink deal with Brent, in which event the Rockets would need to throw in at least $1-2M in cash to dump his contract. As worzel pointed out, you almost seem to be talking about a partially guaranteed contract. Barry had a solid, fully guaranteed two-year deal. I remember that being a sticking point in initially signing him. Basically, I think you are wrong on this. But it doesn't really matter. The numbers are what they are. We'll find out soon enough whether the Rockets end up getting below the tax threshold. (Brian Cook, I hope you like [INSERT UNDER THE CAP TEAM / TEAM WITH TRADE EXCEPTION] in February!)
Another guy pulls a fast one on the Rockets. what a waste of time and money. he was done when he got here.
